hard landing in China

Investment Strategy

The Probyn outlook from State Street

“Everyone thinks the Australian dollar is overrated, but it won’t crack this year,” says the chief economist of State Street based in Boston, Chris Probyn, giving Australian investors a great opportunity to buy overseas assets. “On purchasing power parity, everyone thinks the Australian dollar is overrated. But markets can stay irrational longer than investors can […]
Investment Strategy

Meltdown averted

“Economic Armageddon” would be unleashed across the world by a combination of a “eurozone meltdown and a hard landing in China” but both of these scenarios were increasingly unlikely, the Australian Superannuation Investment Conference has been told. Michael Hasenstab, a senior vice president and co-director of international bonds at Franklin Templeton Investments, said that while […]